TURNER JOSEPH W 4

What Happened

• Joseph W. Turner (listed as a 10% owner) exercised options to acquire 6,000 shares of Great Southern Bancorp (GSBC) on 2026-01-26 at $41.30 per share (cost reported $247,800).
• He sold those 6,000 shares in an open-market transaction on 2026-01-26 at $60.74 per share (proceeds reported $364,427), implying gross proceeds minus exercise cost of about $116,627 (before taxes/fees).
• Separately, Turner acquired 18 shares on 2026-01-13 (reported as code J, $62.78, value $1,130); this is noted as a DRIP-type acquisition (footnote F1).

Key Details

• Transaction dates and prices:
  • 2026-01-26: Exercise (code M) — 6,000 shares at $41.30 (acquired; $247,800).
  • 2026-01-26: Open-market sale (code S) — 6,000 shares at $60.74 (disposed; $364,427).
  • 2026-01-13: Other acquisition (code J) — 18 shares at $62.78 (acquired; $1,130). Footnote F1 notes the DRIP acquisition was exempt from Section 16 reporting and is being reported voluntarily.
• Shares owned after the transactions: not specified in the information you provided / not shown in the summary details here.
• Timeliness: The Jan. 26 exercise and sale were filed on 2026-01-27 (timely within Section 16 reporting window). The Jan. 13 DRIP acquisition (reported with the same Form 4) appears to have been filed late (reported 2026-01-27 for a 2026-01-13 transaction).
• Additional footnotes (F2–F11) in the filing list various RSU/vesting schedules for other holdings; these detail scheduled vesting dates and amounts but do not change the reported Jan. transactions.

Context

• This was an option exercise followed by an immediate sale of the resulting shares (a common cashless-type transaction for realizing option value). The filing shows both the exercise (derivative conversion) and the open-market sale on the same day.
• Turner is a 10% owner rather than listed as a company executive; 10% owner trades are significant for disclosure but are not the same as routine executive insider trades.
• The small Jan. 13 acquisition was a DRIP-related purchase (exempt) and was reported voluntarily; such DRIP purchases are typically administrative and not necessarily a signal of a change in view.